Employed Population: Aged 25-54: All Persons for the European Union
Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEM25TTEUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.23
Year-over-Year Change
107.53%
Date Range
4/1/2005 - 10/1/2019
Summary
This economic trend measures the quarterly, seasonally adjusted growth rate of employment in the European Union. It is a key indicator of labor market performance and a critical data point for policymakers and economists.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The growth rate previous period, quarterly, seasonally adjusted series tracks the quarter-over-quarter percentage change in total employment levels across the European Union. It is used to analyze the pace and direction of labor market trends in the region.
Methodology
This data is collected and calculated by Eurostat, the statistical office of the European Union.
Historical Context
This employment growth rate is closely monitored by central banks, finance ministries, and economic research institutions to inform policy decisions.
Key Facts
- The EU employment growth rate averaged 0.4% per quarter from 2015-2019.
- Employment levels in the EU fell sharply during the COVID-19 pandemic in 2020.
- Strong employment growth is a key indicator of economic expansion.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter percentage change in total employment levels across the European Union.
Q: Why is this trend relevant for users or analysts?
A: The EU employment growth rate is a critical metric for assessing the health and direction of the regional labor market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Eurostat, the statistical office of the European Union.
Q: How is this trend used in economic policy?
A: Central banks, finance ministries, and economic research institutions closely monitor this employment growth rate to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: Eurostat publishes this quarterly employment growth data with a lag of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEM25TTEUQ657S), retrieved from FRED.